Scotland is an exciting place to be right now and, not for the first time, we are attracting more attention around the world than our geographic size might ordinarily warrant.
Business is good, but there is always room for improvement; opportunities are plentiful but we can never have too many of them. One particularly strong source of opportunity here in Scotland is franchising; and you've certainly come to the right place to find out more about it.
Interview with Forbes Davidson of Subway, North East Scotland
Forbes Davidson is a successful SUBWAY® franchisee with three stores across North East Scotland in Perthshire, Dundee and Montrose. He is due to open his fourth store with the brand in Blairgowrie shortly, and has two further stores in development.
Scottish Mail Boxes Etc. franchisees reach new heights
Mail Boxes Etc. Edinburgh has just celebrated their 10,000th antique shipment. The item was collected, packed and shipped safely to a very happy buyer in America. Mail Boxes Etc.The item was even shipped for free in celebration of the store reaching their 10,000th auction item.
If you are running a successful business in Scotland, the time may be right to look to expand it.
Franchising is an excellent method of expanding an already successful business but that's not to say that it is right for every business.
In this section we look at the benefits of franchising a business, we help you to identify if your business is franchiseable and we outline
the steps to franchising a business. You can also contact franchise consultants based in Scotland to enquire about franchising your own business.
Martin O'Neill of Wright, Johnston and MacKenzie is a franchising specialist lawyer and has advised a diverse client base of franchisees and franchisors on developing their business in the UK and internationally, and regularly advises buyers, sellers and franchisors on franchise resales.
In this exclusive article for whichfranchise, Martin explains the recent updates to Scots law which may help franchising parties and their lawyers move on from some clunky restrictions in the contractual agreement process.
Developing a business presence in a new Scottish territory can be time consuming and costly so the advantage of taking on an existing franchise,
that is already known in the area and which has current customers and clients, is clear. That is not to say growing any business is easy - far from it - but it is easier to move on and drive a process that is already underway. In this section
we look at the benefits of buying a franchise resale and also provide advice on the steps to take if looking to sell your own franchise business in Scotland.
Financing a franchise in Scotland
By Richard Holden, Lloyds Bank
Small business is the lifeblood of the Scottish economy and plays a fundamental role in the countryâ€™s success. Confidence is growing amongst business owners in Scotland according to recent reports that indicate the availability of affordable finance is now considered to be significantly higher than twelve months ago.